Help me out here with the following :
1. Trump, as well as Sanders, and all politicians for that matter, promise
they will put Americans back to work by creating millions of new jobs.
2. The unemployment rate is at 4.3%
3. Many stories abound lamenting the number of unfilled job openings.
For example, Governor Walker, at a recent Trump rally, talked about the all
time high number of job openings in Wisconsin . Most were not high tech.
This morning I read a story in a real estate publication about a near
crisis of a labor shortage in the construction industry ( no advanced
education needed I assume). Projects may not be built due to shortage of
How do we reconcile 1 with 2 and 3 above?
Notwithstanding what we're otherwise told, apparently the jobs are already out there
and they don't all require advanced education.
I'd like to see a thoughtful, well researched analysis on this apparent